1. Microsoft stays in strong uptrend and maintained support levels (long-term trend line), signaling about sustainable flow of buying signals.
2. Broke-out from its natural trading range with increased volume, suggesting about increased buying pressure and changes in the market situation.
3. MACD shows increased momentum and makes buy signal, confirming validity of breakout.
2. Broke-out from its natural trading range with increased volume, suggesting about increased buying pressure and changes in the market situation.
3. MACD shows increased momentum and makes buy signal, confirming validity of breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.